Director of Strategic Assets

Corporex; Covington (KY); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Life and AD&D insurance

Long-term disability insurance

Medical, dental, and vision coverage

Voluntary life insurance for employee,

Spouse and child

401(k) match

Paid vacation and holidays

Mileage reimbursement

Job summary

Corporex is seeking a Director of Development to maximize value on strategic land assets across markets in the Midwest and NKY. The role emphasizes creative monetization strategies, including built-to-suit, joint ventures, or outright sales, with oversight of development timelines and stakeholder coordination.

The ideal candidate will bring 5–10 years in commercial real estate and development, with proven sales experience, strong leadership, and a track record of executing complex projects from

Qualifications

• 5–10 years of experience in commercial real estate and development.
• Ideal candidates will have experience with both sales and development.
• Must be a self-starter, competitive and creative as it relates to the role and opportunities.

Responsibilities

• Identify and execute on the most effective way to maximize value on assigned assets.
• Explore monetization options: built-to-suit, outright sale, joint venture, or other strategies.
• Manage dates and processes within development agreements, leases, purchase agreements, permitting and construction.
• Coordinate with design, geotechnical, environmental and other consultants as required.
• Provide monthly reports to supervision with activities, accomplishments and action plans.
• Prepare annual budgets and business plans for each project.
• Oversee company benefits and travel reimbursements for project teams.

Skills

Commercial real estate

Development experience

Sales experience

Strategic thinking

Self-starter

Job description

Focus of Responsibility: Over its 60-year history Corporex and its affiliates have developed, constructed and acquired over $2b of real estate assets including hotels, office, industrial, land, business parks, condominiums and apartment buildings. As a result, the Company has amassed a significant portfolio of land holdings throughout the mid-West. The primary responsibility for this role is to focus on maximizing value on these specific strategic assets through creative solutions. These assets primarily consist of land holdings that may or may not require zoning changes, further development, or entitlements in order to maximize value. Accordingly, this role requires strategic thinking as well as strong sales and results orientation.

The director will be focused on monetizing the identified strategic assets/projects provided by management. The strategy to monetize assets and/or land holdings could be in the form of a built-to-suit, outright sale, JV, or other creative strategies (versus simply listing for sale).

Reports To: Vice President of Development

Requirements:
5 – 10 years of experience in commercial real estate and development. Ideal candidates will have experience with both sales and development. Must be a self-starter, competitive and creative as it relates to the role and opportunities.

Specific activities of work would include:

Key Job Responsibilities

The primary responsibility will be to identify and execute on the most effective way to maximize value on assigned assets. The initial list of projects includes:

Indianapolis land – 5.5 acres in a prime location outside of Carmel, IN with highway visibility.

Northern Kentucky Land Parcels. Seek opportunities to maximize land by building structures, long term leases, co-ventures or co-developing buildings.

Salk – 90,000 SF office building and additional excess land parcels

Northeast Ohio excess land parcels (3)

Mt. Zion Road land parcels

Denver land parcels (3)

• Represent Corporex within the community at the highest standards of conduct and presence, participate in local NKY programs that include potential for generating new business.
• Manage all dates and processes within a project to ensure the project progresses as anticipated including but not limited to critical dates within development agreements, leases, purchase agreements, permitting and construction.
• Manage various design, geotechnical, environmental and other consultants as required or as approved for hiring to support your efforts.

Reporting

• Provide a comprehensive monthly report to direct supervisor. This report will include activities and accomplishments for the previous month as well as a planned action agenda for the coming period tied to specific deadlines. These project schedules and “action agendas” are established to ensure good communication between team members and timely completion of all work.
• Provide annual budgets and business plans for each project assigned.
• Benefits (available on date of hire)
• Company-Paid Basic Life and AD&D Insurance
• Company-Paid Long-Term Disability Insurance
• Medical, Dental, and Vision Coverage
• Voluntary Life Insurance for Employee, Spouse, and Child
• 401(k) Plan with Company Match
• Paid Vacation and Holidays
• Mileage Reimbursement for Business Travel